Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1887-05-15
ON CHANGE.
Spot Cotton Unchanged, Futures from
One to Seven Points Higher.
Money Market Easy.
Wheat Unsettled and Irregular, Closing
About the Same as Frtday-LiVe
Stock Transactions Brisk.
FORT WORTH ENTHUSIASTICALLY RE
VIEW,
OFFICE OF THE GAZETTE, ]
FORT WORTH. TEX. May IA, 1887.

VIEW.
OFFICE OF THE GAZETTE,
FORT WORTH. TEX. May IA, 1887. I
The retail trade was booming yester.
day, in keeping with the usual heavy
Saturday business, while the movement in
wholesale lines was maintained. Prices
are substantially unchanged.
Butter is slow, with a downward ten.
dency.
Eggs are firm.
WOOL.
With the new clip just at hand and the
wooden goods industry in a bad way,
there is nothing to strengthen the eastern
wool markets. Business continues light
and prices are weak. Some of the manu-.
facturers who have carried small sup
plies all the spring are buying for present
wants, but nobody is anticipating future
requirements. No little machinery is
stopped part of the time weekly for lack
of contracts, and additional stoppages are
probable unless more liberal orders are
received. Holders of wool are in many
instances willing to grant concessions in
order to close out their stocks, and the
general situation is in buyers favor.
In the country good deal of excite
ment and strength are being developed.
Western buyers appear confident that the
consumptive markets will warrant as
high prices for the clip at first hands as
were paid last year, and are bidding
accordingly for the outputs of Texas,
California, Georgia and other southern
states. Eastern dealers do not share
their anticipations. Sales IN Texas, to
date, have ranged from Is to 81 cents per
pound. But little has been done in
California, where, Notwithstanding the
advance in freight rates, values are well
sustained. In Kentucky and Georgia
buyers are, in some instances, paying
more than last spring.
Complaints about the operation Of the
new railroad tariffs are heard in many
quarters, but, after all, matters seem to
be gradually adapting themselves to the
new basis. Further concessions have
been made in the charges from San Franz
cisco, but even the modified rates are far
above last year. East of the Mississippi
river there is less fault-fnding.
At London the colonial wool market
has been quiet since the close of the
last series of auctions. In English do
mestic woods fair amount of business
is doing. Little interest was manifested
in last weeks sales at Antwerp and prices
declined.
The Boston market continues on the
dead level of the past month. Only a
very moderate movement is IN progress,
and there is no change in quotations.
Round lots of the staple can be obtained
at concessions in some instances, though
the stocks of most descriptions are small
and desirable selections are scarce. The
outlook for manufacturing shows no i'm
provement, and the present requirements
of the mills are limited.
The sales of the week at Boston have
amounted to 100000 pounds, as against
1,456, 900 pounds last week and 100000
the corresponding week last year.
At Philadelphia wool has been less &C
tive, partly because of limited stocks and
partly because there have been fewer
buyers in the market. The indications of
comparatively high opening prices in
country markets and the small stocks of
old woods remaining unsold tend to
strengthen confidence among holders,
and the market closes firm though quiet.
Inquiry is chiefly for coarse and medium
feeces, which are scarce TBradstreet's: